Day two of Le Web 3 and it's time to give the latest raft of internet start-ups a hard time. Over 30 companies were invited to do an 'elevator pitch' - a kind of Dragon's Den but without the pantomime - and most of them, it seemed, failed to impress the judges including renowned blogger Robert Scoble and venture capitalist Saul Klein of Index Ventures.
In many instances, there was a suspicion that they weren't even solving a real problem, but simply showing off some neat looking technology that had little value in the real world. Presentations were generally unprepared, they weren't very slick and they also seemed talk an awful lot about how great they were without actually showing the product at any point (I did wonder how Shiny Media would fare if we were asked to do our pitch to venture capitalists again!)
Basic questions were left unanswered (such as how is this even going to make money) and while a lot of them seemed keen to let everyone know about how cool their technology was, they didn't actually spend much time showing the technology. As Robert Scoble pointed out:
"Don't talk about the team. Show us some sex appeal. Wow us. It's like dating a girl. Make sure you have a story to tell to nail your pitch," said Scoble.
Continue reading "Le Web 3: Internet start-ups get a grilling" »
Highlight of the afternoon so far was the bunfight between Emily Bell of The Guardian Unlimited and controversial 'Cult of the Amateur' author Andrew Keen - the Floyd Mayweather and Ricky 'Hitman' Hatton of the Web 2.0 world.
Whereas Emily believes that the internet is generally a good thing for established media organisations, Andrew believes user generated content and social networking generally is undermining traditional media.
Round one = Emily Bell gets off to a great start with lightening quick comments. "We would be more and more irrelevant if we didn't let people interact."
Round two = Andrew Keen fights back. "Guardian is a very valuable resource. Unlike other sites it doesn't allow kids to spew their crap and their journalists are paid."
Round three = "Internet is a fantastically vibrant right of reply. Your history follows you around. It needs to be an iterative process" (Emily Bell)
Continue reading "Le Web 3: Emily Bell vs. Andrew Keen" »
Here we are in Paris at Le Web 3 - a big Web 2.0 party, sorry, conference, where the great and good of the internet world - and bonkers designer Phillipe Starck - come together to chat, eat pastries and watch the ebullient host Loic Le Meur bounce around the stage like a mad thing.
Typically, it's gone midday and I've only just got the flakey wi-fi working, but here are the highlights so far. Designer Philippe Starck talked at length about sexual ergononomics - how to make sexy furniture that you're not ashamed to show your granny. He was also doorstepped on stage by uber-blogger Robert Scoble who asked him to evaulate the design of Amazon e-book reader, the Kindle. Surprisingly, unlike Scoble, he didn't think it was rubbish but questioned whether the designer had really gone far enough in losing 'his identity'.
Continue reading "Le Web 3: Shiny Media goes mad in Paris" »